Est. cap rate

3.0%

Assumed rent, all units

$4,460/mo

Units

2

Price per unit

$449,975

Est. annual NOI

$26,760

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

1,900 sqft

Lot size

5,996 sqft

Year built

1950

Stories

1

Garage spaces

1

Heating

Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

0

MLS #

249005196

About this property

Two units for sale -- delivered vacant at the close! Front house is a delightfully updated 3 bedroom, 2 bath home with beautiful open-concept kitchen with island, new countertops, and newer stainless steel appliances. There's a modern sliding barn door to separate the living room from kitchen when needed. The home also has new central air and heat, some recessed lighting, ceiling fans, newer windows, and insulated interior. The back house is a studio apartment with high ceilings, kitchenette, and full bathroom. The yard for the property is like none other with artificial grass, fire pit area, patio and a new swim spa included. There's a 1 car attached garage with a large wide driveway for RV parking potential and the property is situated on a corner access with a rolling gate to access the backyard as well.

Location

8554 Comolette Street

Downey, Los Angeles, CA, 90242